Brussels, April 10, 2025 - The European Union announced today a 90-day suspension of retaliatory tariffs imposed on specific metals originating from the United States. This decision follows ongoing discussions between EU and US trade representatives seeking to resolve disputes over metal imports. According to reports, the temporary suspension is intended to foster a more constructive environment for negotiations and prevent further escalation of trade conflicts.
Former President Donald Trump, speaking earlier today, indicated that the tariff pause would apply to more than 75 countries globally. However, he emphasized that China would not be included in this suspension. Instead, tariffs on goods imported from China are slated to rise to 125%, signaling a continued hardline stance on trade with the Asian nation.
The EU's decision to pause tariffs on US metals represents a potential step toward improved trade relations. The next three months will be crucial in determining whether both sides can reach a long-term agreement that addresses their respective concerns.
EU Suspends Metals Tariffs on US for 90 Days
The European Union has agreed to temporarily suspend retaliatory tariffs on certain metals imported from the United States. This 90-day pause aims to de-escalate trade tensions and allow for further negotiations. Former President Trump stated the tariff pause would extend to over 75 countries, excluding China. Tariffs on Chinese goods are now set to increase significantly.
Source: Read the original article at NBC